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Tesla profit plunges in latest quarter

CBS News on MSN · 2d

Tesla profit slumped in second quarter, a sign Musk is hurting the brand

Tesla revenue dropped 12%, and profits slumped 16% in the three months through June as buyers continued to steer clear, and in some cases, turn to more affordable competitors' offerings. "The perception of Elon Musk,

Associated Press News on MSN · 2d

Tesla's profit plunges again as the fallout from Musk's politics continues to repel buyers

The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter. The car company that has faced boycotts for months said Wednesday that revenue dropped 12% and profits slumped 16% in the three months through June as buyers

ABC News on MSN · 1d

Tesla profits drop 16% as Elon Musk faces continued backlash

Tesla's profits fell 16% over a three-month period ending in June that overlapped with the end of chief executive Elon Musk's tenure in the White House and his ensuing public clash with President Donald Trump, an earnings release on Wednesday showed.

2d

Tesla Reports Falling Profit as Car Sales Slow

Tesla has offered low-interest loans and other incentives to try to revive sales, but these efforts have depressed the ...

2don MSN

Tesla profits pulled down by falling EV sales and regulatory credits

Tesla saw a 17% growth in its services business, but it was not enough to close the gap in falling EV sales, fewer regulatory ...

2hon MSN

Is Elon Musk to blame for Tesla's struggles? Experts weigh in

Tesla's profits plunged 16% over a three-month stretch ending in June. Analysts discuss CEO Elon Musk's role in this dip.

54mon MSN

Tesla shares end week in decline amid third straight quarterly loss

Tesla's shares declined 1.74% for week, two days after posting lower profits for a third straight quarter amid increased ...

21mon MSN

Tesla share price: Elon Musk-led EV firm falls out of trillion-dollar club after weak earnings. Opportunity to buy?

Tesla's share price closed Thursday's session following the announcement of its June quarter results 8.20% lower at $305.30.

2d

Tesla profit falls 16% as revenue has one of its steepest dives in a decade

Tesla's profit slid 16% in the second quarter, it said Wednesday. CEO Elon Musk will face investors in the company's earnings ...

4h

Tesla: Why I Am Willing To Continue To Pay The 'Tesla Premium'

Tesla, Inc.'s Q2 results disappoint with a sales drop, but Model Y sales in China and EV leadership signal potential to ...

1don MSN

Cheaper Model Y Can’t Come Soon Enough As Tesla’s Profits Tank Again

Elon Musk’s political controversies are widely believed to have damaged Tesla’s image. This, together with stronger and ...

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